Chart of the day

Bitcoin is being rejected from the range high and a short-term rising wedge high of 68000, and a break above this resistance is required for a continuation higher and an invalidation of a new swing down. I would like to see a completion of this fourth wave pullback to 55000.

We need to see a break below 64500 for a new swing down to happen. I see this as an ABC Elliott Wave correction in the fourth wave. An extension higher above 68000 will lead to an invalidation of the downside swing and a retest of 73000

_{Look for the short trade entries with a stop loss above 70000. You can take long trades if a confirmed price action breaks above 70000 and a stop loss is taken.}